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2. Good faith estimate - Wikipedia

   en.wikipedia.org/wiki/Good_faith_estimate

   The Loan Estimate replaces the Good Faith Estimate, or GFE, that was used prior to 2015. Lenders are required to issue Loan Estimates within three days of receiving a complete loan application, per the TILA-RESPA Integrated Disclosure Rule (TRID).

3. How to read and compare mortgage loan estimates - AOL

   www.aol.com/finance/read-compare-mortgage-loan...

   A loan estimate is just that: an estimate. ... While the information in the document is a good faith estimate — in other words, not final — it gives borrowers a comprehensive overview of the ...

4. How Good Faith Estimates Help You Shop Mortgages - AOL

   www.aol.com/2014/03/10/mortgage-good-faith...

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5. What is a closing disclosure? - AOL

   www.aol.com/finance/closing-disclosure-190005117...

   Ensure that the loan amount and description match the loan estimate. Double-check the loan type, interest rate , monthly payment and other terms. Confirm you understand all the costs and fees, and ...

6. Extraordinary assumptions and hypothetical conditions

   en.wikipedia.org/wiki/Extraordinary_assumptions...

   A lender may be considering making a loan to finance the construction of a house and may need to know the value of the collateral that will result. The subject property is a vacant lot, but the client needs to know what the value of the lot is or would be or will be with a house (of certain described physical characteristics) constructed on it.

7. Letter of intent - Wikipedia

   en.wikipedia.org/wiki/Letter_of_intent

   For example, a multimillion-dollar loan for a commercial property may require a letter of intent before a financial institution will allow personnel to spend time working on said loan necessary for the completion of the sale. The same may be followed at the time of purchase by any company.